Chief executive Dr Marc Wucherer is developing Ziehl-Abegg into an agile, globally successful company
Ziehl-Abegg, a specialist in the manufacturing of electric motors and fans, has concluded the fiscal year 2023 as the most successful year in its company history.
With a revenue increase to €955 million – a 9.5 percent increase compared to the previous year – the company has solidified its market position.
“This is the best year in the company’s history,” explains Dr Marc Wucherer, chief executive of Ziehl-Abegg. A highlight of the year was the groundbreaking new plant in the USA, a €100 million investment to support growth in the American markets. In parallel, Ziehl-Abegg initiated a new plant construction in Vietnam and launched a new production in Poland. Additionally in 2024, production is being set up in India. In Germany, Ziehl-Abegg has invested more than €30 million  in an improved machinery park and automation technology.